total waste of your time and effort... only way to work on this is if you have significant equity.you wont get the bank to lower their fee's no way..but if you want to fool with it for practice or just because it could be a good learning experience for you  to realize you cant work with these sitautions this late in the game unless your going to stroke a check ..

My game plan would be, over the next 3-4 years, to purchase, 7-8 properties, putting roughly 50k down on each, and financing the remaining balances, 30 year mortgages.

Occasionally they may know of deals as well being in the local real estate industry.

The industry term for this is “dealer property” there is a great deal of case law on the issue as to what you should be considering in performing this analysis.If the property is treated as inventory, the gain is ordinary income, not capital gain.A conservative approach is to hold the property 2-years post completion to treat it as a capital asset.You should speak to your tax advisor on this issue as it is a complex analysis.

With Zillow out of the iBuying game, opendoor and offerpad seem to be the two dominate iBuyers here is Vegas.

Or they think the NAR and MLS run the industry, and their 'brokerage' (and by extension, they...) are to "report all earnings," and somehow a PROSPECT (vs. a CLIENT) is somehow "brokerage property."

What is the industry standard.

You realize when you get the industry job, you get taxed so much it makes you realize you cant save money to wealth, it needs to be passive. 

I am excited to be writing my first blog post and learning more about the real estate industry.

Hi Rashida :) I definitely relate to you as I am new to this industry as well.